Tokyo, Japan - February 15, 2001 - Trend Micro Inc. (NASDAQ:TMIC, Tokyo TSE:4704), a leading provider of antivirus and Internet content security software, today announced that the following resolutions in respect of a stock split (free distribution of shares) were adopted at the meeting of the Board of Directors of the Company held on February 15, 2000.
The purpose of the stock split is to restore profits to the shareholders as well as to improve the Company's stock liquidity.
As of May 18, 2001 (Friday), the Company shall split its par value shares of common stock at the ratio of 2 shares for each share. Upon this stock split, the amount in excess of par value in stated capital and part of capital surplus reserve shall be appropriated. The amount to be appropriated from the capital surplus reserve shall be the amount in excess of par value in stated capital on March 31, 2001 (Saturday) subtracted from the number of shares, stipulated below (1), multiplied by 50 yen.
Allotment date: March 31, 2001
Effective date: May 18, 2001
January 1, 2001
The number of shares as of January 31, 2001: 65,577,070 shares
Capital: 6,208,602,400 yen
Trend Micro Incorporated (TSE: 4704), a global cloud security leader, creates a world safe for exchanging digital information with its Internet content security and threat management solutions for businesses and consumers. A pioneer in server security with over 20 years' experience, we deliver top-ranked client, server and cloud-based security that fits our customers' and partners' needs, stops new threats faster, and protects data in physical, virtualized and cloud environments. Powered by the Trend Micro™ Smart Protection Network™ cloud security infrastructure, our industry-leading cloud-computing security technology, products and services stop threats where they emerge, on the Internet, and are supported by 1,000+ threat intelligence experts around the globe.
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